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2104 Northfield Rd | $1,100,000
Keith Mazurenko Agent Photo
Keith
Mazurenko
P. (250) 245-2252
 Phone Keith www.keithmazurenko.com
ROYAL LEPAGE NANAIMO REALTY LD
410a 1st Ave., Po Box 1300
 Ladysmith, BC
 Canada V9G 1A9

Details

%
Years (35 year max)
Years



Address 2104 Northfield Rd
AreaNanaimo
Sub AreaCentral Nanaimo
State/ProvinceBritish Columbia
CountryCanada
Price$1,100,000
Property TypeSingle Family
Bedrooms6
Bathrooms4
Floor Space2211 Square Feet
Lot Size12131.00 Square Feet
WaterfrontNo
Year Built1959
Taxes $6,292
Tax Year2023
MLS® #978585

Welcome to 2104 Northfield Rd, a remarkable property in Central Nanaimo with rare COR2 zoning on a large 12,131 sqft lot currently rented with an approximately 4.5% cap rate. This versatile property presents an amazing opportunity for multifamily or multi-purpose development. Currently, the recently updated home on the property is generating a monthly rental income of $4,250, providing a valuable source of revenue to help offset redevelopment expenses. With COR2 zoning, you have the flexibility to explore various possibilities, whether it's a multifamily residential project, a restaurant/pub as well as many other options. Additionally, its central position allows for quick access to both N Nanaimo and the Downtown Core. Don't miss out on this incredible opportunity to invest in a property with boundless potential in a thriving and evolving area. Contact us today to explore the endless possibilities that 2104 Northfield Rd has to offer! (*Measurements and data provided are approximate and recommended for verification if deemed essential.)

Listed by EXP REALTY

NOTE: VIREB IDX Reciprocity listings are displayed inaccordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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